Could You Chart a Similar Path to Buying a Home?

Meet Layanna, a teacher and single mom. Through her commitment to her goal and the support of her real estate agent, loan officer, and community, now she's also a brand-new homeowner.

Layanna and her sons proudly show us their new home.

Layanna and her sons proudly show us their new home.

Layanna and her sons proudly show us their new home.

Layanna and her sons proudly show us their new home.

"Owning my home means pure happiness because being able to provide more stability and a better sense of security to my family means the world to me," Layanna said. "Moving forward at the right time truly became a prayer answered and a blessing openly received."

Read the whole story of how Layanna's dream of buying a home for herself — and, more importantly, for her two sons — became reality.

If you're hoping to become a homeowner, too, you might benefit from the steps that made the difference for Layanna.

Know that you can get a mortgage with a down payment as low as 3%. For example, Freddie Mac's Home Possible®.

Do your research.

Understand what's involved in buying and owning a home.

Sharpen your financial management skills. Layanna took the CreditSmart® course taught in–person, earning the homebuyer education certificate required for certain low down payment mortgages, including Home Possible. CreditSmart also is available on–line; however, that version does not result in certification.

Take advantage of programs that make it faster and easier to save for a down payment.

Have a comment or question about this post? Email us to let us know what's on your mind.

NameE-mail AddressFeedback

Maximum of 250 characters.

Please review your form for errors

Your feedback has been received by Freddie Mac's Public Relations Department. While we may not be able to reply to you individually, your feedback helps us shape future blog posts for our subscribers. We hope to incorporate answers to commonly asked questions in future posts. Thank you for your feedback.